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What is Milliman Datalytics-Defense?
The AI-driven legal spend management solution stands out in the market due to its remarkable analytical features. It uncovers patterns and inconsistencies in litigation costs, showcasing effective methodologies while revealing potential areas for enhancement. The innovative e-billing platform, Milliman Datalytics-Defense®, utilizes AI to evaluate your firm's operational effectiveness, streamlining the invoice review process by identifying questionable charges, reducing unnecessary expenses, and highlighting best practices across the organization. Developed by actuaries with significant experience in the insurance industry, this solution provides a profound understanding of the field's complexities. With our focus on insurance, you can have confidence in the capabilities of our product. The Datalytics-Defense solution effectively consolidates fee and expense data from all vendors involved in the claims process and employs proprietary data-mining techniques to extract critical insights from defense counsel invoices, ultimately improving decision-making and operational efficiency. By merging advanced analytics with a dedicated focus on the insurance sector, our solution not only enhances financial performance but also empowers firms to adapt to evolving market challenges, ensuring long-term sustainability and success.
What is BigHand Impact Analytics?
BigHand Impact Analytics, formerly known as Digitory Legal, enables law firms to uncover significant metrics by employing a data-driven strategy that highlights the benefits of their legal services through cutting-edge AI-enhanced timecard assessments. This comprehensive analysis includes evaluating billing information, diversity, equity, and inclusion metrics, along with the management of lawyer resources. By leveraging this innovative solution, firms are able to identify opportunities for career advancement, enhance their DEI initiatives, and improve aspects of time tracking, ultimately resulting in a more streamlined billing and collection process with greater data clarity. The technology that underpins Impact Analytics intricately categorizes legal activities using a uniform coding framework, which ensures the data provides reliable insights for pricing models, project management, and DEI reporting. Moreover, it offers an in-depth understanding of costs associated with specific activities, allowing clients to gauge the effectiveness, transparency, and profitability of their legal invoices and DEI initiatives while promoting a culture of ongoing enhancement. This all-encompassing approach not only boosts financial outcomes but also reinforces a firm’s dedication to equitable practices while fostering a supportive environment for all employees. By adopting such a progressive methodology, law firms can better align their operational goals with social responsibility.
Integrations Supported
Duck Creek Suite
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Milliman
Company Location
United States
Company Website
www.milliman.com/en/products/Datalytics-Defense
Company Facts
Organization Name
BigHand
Date Founded
1995
Company Location
United Kingdom
Company Website
www.bighand.com/en-us/our-solutions/impact-analytics/
Categories and Features
Legal Spend Management
Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management